The Secretary of Stateâs office is the central filing office for certain financing statements and other lien documents provided for in the Uniform Commercial Code (UCC). Filing with our office serves to perfect a security interest in named collateral and establish priority in case of debtor default or bankruptcy.
Corn is a major field crop in New York State with more than 1 million acres planted annually. Typically, grain corn (including dry-shelled and high-moisture) represents 55% of the acreage, whereas corn silage represents the remaining 45% of the acreage. Recently, corn has been a very profitable crop to grow because of relatively high yields as well as high prices received by farmers.
Plantings of HT cotton expanded from about 10 percent of U.S. acreage in 1997 to 56 percent in 2001, 91 percent in 2014, but declined to 89 percent in 2015 and 2016. The adoption of HT corn, which had been slower in previous years, has accelerated, reaching 89 percent of U.S. corn acreage in 2014, 2015, and 2016.